Crypto Market Update – September 24, 2024
The crypto market in late September 2024 presents a unique blend of stagnation and anticipation. Bitcoin’s price has barely moved, with both demand and supply in a deadlock. Most holders (“HODLers”) are sitting tight, and few traders are taking profits. This has created a tight supply-side dynamic that mirrors previous periods of low volatility, particularly in 2019. Historically, these conditions are followed by sharp price...
